The North American cannabis industry is expected to exceed $20 billion in size by 2020, according to Research and Markets, representing a nearly 30% compound annual growth rate. There are many different opportunities for investors on both sides of the U.S.-Canadian border, but few companies offer investors all-in-one exposure to the best segments of both Read More
Canada is lurching toward marijuana legalization, but the Liberals aren’t being blunt about what the new law will mean for the average pot-friendly Canadian. Justice Minister Wilson-Raybould announced on Thursday the launch of a task force to advise the Canadian government on how best to map its plan to legalize marijuana. The task force report Read More
Marijuana prohibition is entering its 78th year. Colorado’s marijuana law went into effect at the beginning of last year in the wake of changing attitudes. Compared to 1969, when only 12% supported legalizing pot, today a majority of Americans support legalizing recreational use of the drug.
The actual number will depend on how the government decides to regulate marijuana, and what price standards it sets, Deloitte says. Those are decisions the federal Liberals plan to announce next spring. Canada’s pharmaceutical industry has been lobbying to be admitted to the marijuana game when it’s legalized. Shoppers Drug Mart, owned by Loblaw Co., Read More
As the once-vilified drug becomes more accepted, researchers around the world are trying to understand how it works and how it might fight disease.
Today’s Canadian cannabis industry is extremely confused. The Trudeau Government is in the midst of constructing regulations to be rolled out next year for recreational — or, more accurately, adult non-medicinal purpose — cannabis. In the current legal grey zone, corner stores calling themselves dispensaries have sprung up seemingly everywhere, dispensing “medicinal cannabis” and advice Read More
Americans are more in favor of legalizing marijuana now than ever before. A series of recent polls ahead of Election Day show the trend toward favoring legalization has only grown since the last time millions of Americans went to the polls in 2014. SEE ALSO: More people were arrested for weed possession last year than Read More
Shoppers Drug Mart is officially jumping into the medical marijuana game, in a move that appears to set the stage for retail sales of the drug once the federal Liberals have legalized pot. The Loblaw Co.-owned pharmacy chain says it has applied to the federal government to distribute medical marijuana. Spokesperson Tammy Smitham said the Read More
Frustrated by a do-nothing Congress, voters took policy matters into their own hands on Tuesday by passing state ballot proposals to legalize marijuana, approve new transportation projects, raise state minimum wages and strengthen gun control laws. That these progressive measures won is an indication that voters are moving left on many issues, despite Donald Trump’s Read More
While most eyes have been set on the presidential race during the 2016 election, Arizona, Maine, Massachusetts, Nevada and California all held a vote to legalize recreational marijuana, a decision that could potentially shift the nation on a cultural and economic level. Paving the road ahead of them, Alaska, Colorado, Oregon and Washington have all Read More